Advanced Emissions Solutions, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 05:15 pm EDT
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Advanced Emissions Solutions, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was USD 24.74 million compared to USD 21.07 million a year ago. Net loss was USD 0.326 million compared to net income of USD 16.59 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.91 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.9 a year ago.
For the six months, revenue was USD 51.14 million compared to USD 43.67 million a year ago. Net loss was USD 3.36 million compared to net income of USD 30.33 million a year ago. Basic loss per share from continuing operations was USD 0.18 compared to basic earnings per share from continuing operations of USD 1.66 a year ago. Diluted loss per share from continuing operations was USD 0.18 compared to diluted earnings per share from continuing operations of USD 1.65 a year ago.
Arq, Inc. is an environmental technology company. The Company is principally engaged in the sale of consumable air, water, and soil treatment solutions including activated carbon (AC) and chemical technologies. Its AC products enable customers to reduce air, water, and soil contaminants, including mercury, per-and polyfluoroalkyl substances (PFAS) and other pollutants to meet the challenges of air quality and water regulations. It manufactures and sells AC and other chemicals used to capture and remove contaminants for the coal-fired power generation, industrial, municipal water and air, water and soil treatment and remediation markets. It offers a range of products in Granular Activated Carbon, which consists of CarbPure GAC and FluxSorb RG; Powdered Activated Carbon, which includes CarbPure PAC, PowerPAC, FastPAC, and FluxSorb RP; Colloidal Carbon Product, which includes FluxSorb RC; Arq Additives that include Arq Powder Wetcake, and Additives, which consists of M-Prove and RESPond.
ARQ, INC. 
